Business

August 6, 2012 5:21 PM

Sensex jumps 215 points in evening trade

The Sensex at the Bombay Stock Exchange jumped 215 points, or 1.3 per cent, to 17,413, today on a rally in Reliance Industries and amid strong global cues. The Nifty at the National Stock Exchange climbed 67 points, or 1.3 percent, to 5,283.Stock markets in Japan, China, Hong Kong, Singapore and Sou...

August 6, 2012 4:46 PM

High on textiles, Govt eyes to touch $18-bn mark this year

The Centre is planning to promote apparel exports from the country to touch $18 billion this year. Joint Secretary of Exports in the Textiles Ministry V Srinivas told this to media in Bangalore today.He was speaking after holding a brain storming session with the apparel exporters of the country.App...

August 6, 2012 1:48 PM

Sensex remains firm, trading at 17,397 in afternoon deals

The Sensex at the Bombay Stock Exchange jumped 176 points, or 1 per cent, to 17,374 in opening trade, this morning, on fresh buying by funds and retail investors, in line with rising Asian bourses. Later, the Sensex remained firm, and stood 200 points, or 1.2 percent in the green, at 17,397 in after...

August 6, 2012 12:15 PM

Rupee trading at 55.36 per dollar

The rupee which had gained 51 paise against the US dollar in early trade today, erased some gains and was trading 39 paise stronger at 55.36 per dollar on fresh selling of the American currency by banks.Forex dealers said, a higher opening in the domestic stock market and euro's gain agains...

August 6, 2012 11:18 AM

Rupee gains 51 paise to 55.24 per dollar

The rupee gained 51 paise to 55.24 against the US dollar in early trade today at the Interbank Foreign Exchange market on increased dollar selling by banks. Forex dealers said, a higher opening in the domestic stock market and euro's gain against the American currency, supported the rupee. ...

August 6, 2012 10:07 AM

Sensex rises sharply by 176 points in early trade today

The BSE benchmark Sensex rose sharply by 176 points in early trade today on fresh buying by funds and retailers in blue-chip stocks. The 30-share barometer, which had lost nearly 60 points in the last two trading days, rose by 176 points to 17,374.Similarly, the wide-based National Stock Exchange in...

August 5, 2012 8:36 PM

India, Lanka agree to resolve matters related to customs clearance

India and Sri Lanka have agreed to cooperate to resolve all matters related to delays in customs clearances and an Agreement will be signed between the two countries on Customs cooperation very soon. At a brief media interaction in Colombo on Saturday evening Union Commerce, Industries and Textiles ...

August 5, 2012 8:20 PM

Govt must focus more on manufacturing for achieving over 6.5% GDP, says RBI

Reserve Bank of India has said that the Government needs to focus more on manufacturing in order to achieve GDP growth more than 6.5 per cent.Addressing a function in Hyderabad RBI Governor D Subbarao said that the manufacturing sector has the scope for creating jobs for millions of people who leave...

August 5, 2012 6:53 PM

Finmin works full throttle to tackle current economic situation

Finance Ministry has worked full throttle this weekend apparently reflecting the new Minister Mr P Chidambaram's plans to quickly firm up measures to tackle the current economic situation. It was business as usual in the Finance Ministry on yesterday and the officers above joint secretary r...

August 5, 2012 5:35 PM

Govt needs to focus more on manufacturing: RBI<br/>

Reserve Bank of India has said that the Government needs to focus more on manufacturing in order to achieve GDP growth more than 6.5 per cent.Addressing a function in Hyderabad RBI Governor D Subbarao said that the manufacturing sector has the scope for creating jobs for millions of people who leave...

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